This week's dire economic news may have averted the "great depression II." But it's also a sure sign that businesses that are not profitable from operations and depend on liquidity in the financial markets to fund day to day activities will see much harder days ahead. The dot com boom that birthed quepasa.com and starmedia.com was fueled by easy financing. The housing boom that allowed subpar mortages gave us the current crisis.
So where does that leave folks who live or die by liquidity in the markets. All I can say is I'm glad I don't work for or currently own or have ever owned any interested in quepasa.com or anything started by Fernando Espuelas such as starmedia.com.
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